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Crypto exchange BingX to launch USDC-margined futures trading

source-logo  coinjournal.net 20 May 2024 15:14, UTC
  • BingX is launching USDC-margined trading, a Launchpad and Launchpool as it celebrates its sixth anniversary.
  • The platform plans to expand to Turkey, Vietnam and Argentina
  • The exchange will also collaborate on a Netflix documentary aimed at animal protection and conservation.

Crypto exchange BingX is set to expand its crypto services and products to Turkey, Vietnam and Argentina, according to a press release published on Monday.

The exchange’s global expansion will include localized products and campaigns, as well as key partnerships.

BingX to launch USDC-margined futures trading

BingX will also launch USDC-margin futures trading on its platform.

There are also plans to expand the range of crypto assets for trading margin, while users will benefit from key updates on coin-margined futures trading, the exchange noted in the announcement.

Also notable is BingX’s unveiling of a Launchpad and Launchpool, all part of a global expansion strategy dubbed “ExpansionX.”

These will enable BingX customers to participate in token sales and access high-quality projects. The platform also plans to enhance its structured product offerings and offer wealth management services.

According to BingX, these initiatives align with its the theme of its sixth anniversary celebration. The “Amazing Six” is a milestone the exchange is marking today, May 20 with a prize pool of 13 million USDT.

“As we reflect on the past six years and look towards the future, our commitment to excellence and innovation remains unwavering. Together with our BingX community and partners, we will continue to push the boundaries of what’s possible in the crypto industry, setting new milestones and driving positive change,” Vivien Lin, the chief product officer at BingX, said in a statement.

Also on BingX’s list of to-dos is a collaboration with Whale and Dolphin Conservation and Netflix. The goal is to bolster animal conservation efforts via a Netflix documentary.

The program is part of the exchange’s commitment to its corporate social responsibility (CSR) objectives.

coinjournal.net